Leading merchant commerce platform, Pine Labs today announced that it has brought two new leaders to join its global senior leadership team. The company has appointed Varun Varma as the Head of Strategy and Corporate Development and Jagriti Bhattacharya who joins as General Counsel.

Varun is based in Singapore and will be heading strategy and corporate development for Pine Labs. Prior to joining Pine Labs, Varun was leading corporate strategy for PayPal across its international markets, with a focus on fast growing markets in APAC and LatAm. He also accumulated rich cross sectoral experience having worked for leading global management consulting firm McKinsey & Company across markets in Southeast Asia. Previously, he worked at Citibank in various roles across retail banking and wealth management vertical.

Commenting on the appointments, Amrish Rau, CEO, Pine Labs, said, “Today, Pine Labs is in one of its most exciting phases where we are building a complete omnichannel ecosystem for our customers, entering new markets, and forging strategic partnerships to engineer growth outside India. In this purposeful journey, I am delighted to welcome Varun to Pine Labs. His wealth of international experience in payments and fintech will be invaluable to us going forward. Equally thrilled to have Jagriti accept the role of General Counsel at Pine Labs. Some of the Key Verticals at Pine Labs such as Human Resources, Legal, and Online Payments are headed by women leaders and that says something about our continued commitment to build an Equal Opportunity organisation for all.”

“This is an exciting time to join Pine Labs. It is at a particularly exciting phase of its journey, and the fintech landscape in APAC and globally has never been more vibrant and dynamic. We are seeing tailwinds from secular, generational shifts in digitization and the growth of digital payment ecosystems. Pine Labs, with its merchant network, product stack, and growing international footprint is in a strong position to accelerate its momentum,” said Varun Varma, Head of Strategy and Corporate Development, Pine Labs.

Jagriti Bhattacharya, General Counsel, Pine Labs, said, “Pine Labs is one of the organisations that are walking the talk on making a tangible difference to the ecosystem they are serving. I have long admired the way Pine Labs has grown from strength to strength. It is my great privilege to now join this organisation as its General Counsel and work closely with CFO Marc Mathenz and rest of the Senior Leadership team.”

Prior to joining Pine Labs, Jagriti was with the London Stock Exchange Group/Thomson Reuters where she was the Chief Counsel, South Asia. She has also worked with Citibank where she advised on key transactions and supported the launch of innovative financial products in South Asia, provided her insights to the Treasury legal function, and earned experience in international arbitrations. During her career, Jagriti has sat on the board of directors of various companies and provided corporate governance guidance. As a part of the diversity counsel and lead of women’s networks in prior organisations Jagriti has championed the cause of diversity at the workplace throughout her career.


About Pine Labs

A leading merchant commerce platform, Pine Labs serves prominent large, mid-sized and small merchants across India and Southeast Asia. The company's leading cloud-based software platform enables it to offer a wide range of payment acceptance and merchant commerce solutions including enterprise automation systems such as inventory management and customer relationship management. Its stored value platform includes issuing, processing, and distributing digital gift cards for corporate customers around the world. In April 2021, Pine Labs acquired Fave, a consumer fintech platform that provides a smart payment app to the smart generation of consumers looking to pay and save. Fave is currently available in Singapore, Malaysia and Indonesia with a planned roll-out in India in the near term. Incorporated in Singapore, Pine Labs' key investors include Sequoia India, Actis Capital, Temasek, PayPal and Mastercard. To know more, please visit www.pinelabs.com.

Media Contact:
Anushka Raman
Ruder Finn Asia
ramana@RuderFinnAsia.com
+91- 9810710453Swati Chauhan
Ruder Finn Asia
chauhans@RuderFinnAsia.com
+91- 8505947705